0001567619-21-002551.txt : 20210209 0001567619-21-002551.hdr.sgml : 20210209 20210209121846 ACCESSION NUMBER: 0001567619-21-002551 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210208 FILED AS OF DATE: 20210209 DATE AS OF CHANGE: 20210209 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: EDELSON DAVID B CENTRAL INDEX KEY: 0001327026 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06541 FILM NUMBER: 21604883 MAIL ADDRESS: STREET 1: 667 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10065-8087 FORMER NAME: FORMER CONFORMED NAME: Edelson David B DATE OF NAME CHANGE: 20050513 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LOEWS CORP CENTRAL INDEX KEY: 0000060086 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 132646102 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 BUSINESS PHONE: 212-521-2000 MAIL ADDRESS: STREET 1: 667 MADISON AVE CITY: NEW YORK STATE: NY ZIP: 10065-8087 4 1 doc1.xml FORM 4 X0306 4 2021-02-08 0 0000060086 LOEWS CORP L 0001327026 EDELSON DAVID B 667 MADISON AVENUE NEW YORK NY 10065-8087 0 1 0 0 Sr. Vice President & CFO Restricted Stock Units 2021-02-08 4 A 0 13382 0 A Common Stock 13382 13382 D Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 13,382 RSUs were awarded to the Reporting Person on February 10, 2020 subject to the Issuer achieving a pre-determined PBI Metric for 2020. The Issuer's Compensation Committee determined that the Issuer achieved the PBI Metric on February 8, 2021. 50% of the 2020 RSUs vest on February 10, 2022 and the remaining 50% vest on February 10, 2023. Shares of the Issuer's common stock will be delivered to the Reporting Person within 30 days after vesting, subject to any election to defer delivery of shares by the Reporting Person. /s/ Thomas H. Watson, by power of attorney for David B. Edelson 2021-02-09